Marion Wealth Management Acquires 2,965 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Marion Wealth Management grew its stake in JPMorgan Municipal ETF (BATS:JMUB) by 31.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,540 shares of the company’s stock after acquiring an additional 2,965 shares during the period. Marion Wealth Management’s holdings in JPMorgan Municipal ETF were worth $629,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Sunbelt Securities Inc. grew its position in shares of JPMorgan Municipal ETF by 208.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $57,000 after buying an additional 755 shares during the period. ICA Group Wealth Management LLC raised its position in shares of JPMorgan Municipal ETF by 62.9% during the 2nd quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock valued at $59,000 after acquiring an additional 450 shares during the last quarter. Blue Investment Partners LLC bought a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter valued at $203,000. Aptus Capital Advisors LLC boosted its position in shares of JPMorgan Municipal ETF by 291.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock worth $206,000 after purchasing an additional 2,997 shares during the last quarter. Finally, Atria Investments Inc acquired a new stake in shares of JPMorgan Municipal ETF during the third quarter worth $208,000.

JPMorgan Municipal ETF Trading Down 0.4 %

Shares of JMUB stock traded down $0.21 on Monday, reaching $49.84. The company had a trading volume of 553,676 shares. The firm has a market capitalization of $1.38 billion, a PE ratio of 10.22 and a beta of 0.08. The stock’s 50 day simple moving average is $50.48 and its 200-day simple moving average is $50.71.

JPMorgan Municipal ETF Company Profile

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.